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Showing posts with the label hex

Fartcoin Drops Below $1 – Will It Rally Back to Its Previous Highs?

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Fartcoin has been a highly volatile meme token, experiencing a surge past $2 before sharply correcting to under $1. The question now is whether this is a prime opportunity to re-enter the market or if further downside is likely. Market sentiment remains uncertain, with some indicators suggesting potential recovery while broader conditions show lingering caution. Other meme coins like $HEX have also seen significant movement, with $HEX gaining traction due to ongoing legal disputes that have indirectly fueled interest in PulseChain. Meanwhile, the overall crypto market has shown slight recovery over the last 24 hours, with total market capitalization at $3.2 trillion and Bitcoin stabilizing around $96K. However, the CMC 100 index, which tracks major cryptocurrencies, has dipped slightly after previously hitting an all-time high of $230. At its current price of $0.59, $FARTCOIN is far from its peak but could be forming a pattern that hints at a potential breakout. Past price action sh...

Crypto Twitter dunks on Richard Heart over a 2-year-old HEX ‘rug pull’

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On Sunday, a prominent member-turned-critic of Richard Heart’s HEX community, Eric Wall, tweeted an intraday chart of HEX-on-Ethereum’s collapsing price. He was dunking on Heart for allegedly causing the HEX rug pull and crypto members on X (formerly Twitter) duly dogpiled. They laughed, clicking the Like button on tweets about HEX’s supposed collapse tens of thousands of times. Within hours of Heart’s tweet, HEX -on-Ethereum traded 68% lower. HEX on Ethereum, the "immutable contract", the "it's just you and the code", the "real DeFi" just dumped over -50% because the founder, Richard Heart , tweeted today that he doesn't like it. pic.twitter.com/OV3vDe6bSe — Eric Wall | OP_ (@ercwl) March 10, 2024 Read more: Richard Heart and the curious launch of Hex, Pulse, and PulseX In reality, Heart didn’t rugpull HEX on Sunday. Nor has the value of HEX declined over the past three months. To explain: HEX exists on two blockchains: Ethe...